date:Sep 25, 2012
es) despite the (uncertainty of) economic conditions, said Tong.
He also stressed that Asian Citrus has an unique competitive advantage in China as there are few large scale orange plantations in the country. The company is operating in a highly fragmented market dominated by small farms and the barriers to growth for these farms are extremely high.
Earlier this year, Asian Citrus reportedly found fewer orange trees at its plantations compared with the numbers the company had originally stated